Business Segments (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting, Disclosure Of Entity's Reportable Segments [Abstract]

The following tables present segment information for the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30, 2014
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	69,254,000	$	11,629,000	$	-	$	80,883,000
Cost of Sales		16,794,000		3,729,000		-		20,523,000
Selling, General and Administrative Expense		40,212,000		8,448,000		1,746,000		50,406,000
Depreciation and Amortization		1,983,000		503,000		56,000		2,542,000
Interest(net) and other		46,000		(1,039,000)		(280,000)		(1,273,000)
Income before income taxes	$	10,219,000	$	(12,000)	$	(1,522,000)	$	8,685,000

Segment Assets	$	74,955,000	$	11,644,000	$	43,137,000	$	129,736,000

	Three Months Ended June 30, 2013
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	82,907,000	$	14,165,000	$	-	$	97,072,000
Cost of Sales		20,447,000		3,695,000		-		24,142,000
Selling, General and Administrative Expense		49,199,000		8,788,000		1,712,000		59,699,000
Depreciation and Amortization		1,829,000		693,000		68,000		2,590,000
Interest(net) and other		49,000		3,000		(289,000)		(237,000)
Income before income taxes	$	11,383,000	$	986,000	$	(1,491,000)	$	10,878,000

Segment Assets	$	84,593,000	$	14,043,000	$	43,805,000	$	142,441,000

	Six Months Ended June 30, 2014
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	143,363,000	$	24,049,000	$	-	$	167,412,000
Cost of Sales		35,953,000		7,165,000		-		43,118,000
Selling, General and Administrative Expense		83,023,000		16,858,000		3,228,000		103,109,000
Depreciation and Amortization		3,955,000		1,010,000		112,000		5,077,000
Interest(net) and other		27,000		(1,030,000)		(580,000)		(1,583,000)
Income before income taxes	$	20,405,000	$	46,000	$	(2,760,000)	$	17,691,000

Segment Assets	$	74,955,000	$	11,644,000	$	43,137,000	$	129,736,000

	Six Months Ended June 30, 2013
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	165,301,000	$	27,814,000	$	-	$	193,115,000
Cost of Sales		40,670,000		7,106,000		-		47,776,000
Selling, General and Administrative Expense		100,058,000		17,624,000		3,217,000		120,899,000
Depreciation and Amortization		3,644,000		1,451,000		126,000		5,221,000
Interest(net) and other		78,000		3,000		(450,000)		(369,000)
Income before income taxes	$	20,851,000	$	1,630,000	$	(2,893,000)	$	19,588,000

Segment Assets	$	84,593,000	$	14,043,000	$	43,805,000	$	142,441,000

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details